EANS-Adhoc: voestalpine AG / voestalpine with considerable profit increase in 3rd quarter 2009/10 compared to previous quarters

ad-hoc disclosure transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.

25.02.2010

voestalpine group definitely back on track by considerably increasing profits in the 3rd quarter 2009/10. Operational result (EBIT) improved by 87.5% and profit for the period by more than 100%, both compared to the previous quarter. Concurrently net financial debt in % of equity (Gearing) was reduced from 90.0% to 81.2% during the past three months.
Despite a regionally and industrially inhomogeneous economic development, voestalpine is expecting a further gradual enhancement of the worldwide economic situation.

Key figures of voestalpine group

(acc. IFRS; in EURm)* Q2 2009/10 Q3 2009/10 Change 01.07. - 01.10. - in % 30.09.09 31.12.09 Revenue 2,067.6 2,083.9 0.8 EBITDA 234.2 295.1 26.0 EBITDA margin in % 11.3 14.2 EBIT 70.4 132.0 87.5 EBIT margin in % 3.4 6.3 Profit before tax 29.3 89.6 205.8 Profit for the period** 28.3 71.5 152.7 EPS (in EUR) 0.05 0.30 Gearing in % 90.0 81.2

(acc. IFRS; in EURm)* Q1-Q3 2008/09 Q1-Q3 2009/10 Change 01.04. - 01.04. - in % 31.12.08 31.12.09 Revenue 9,280.1 6,225.1 -32.9 EBITDA 1,510.1 664.2 -56.0 EBITDA margin in % 16.3 10.7 EBIT 981.8 178.4 -81.8 EBIT margin in % 10.6 2.9 Profit before tax 764.7 51.2 -93.3 Profit for the period** 606.1 51.6 -91.5 EPS (in EUR) 3.36 -0.05 Gearing in % 101.8 81.2

* According to IFRS all results after Purchase Price Allocation (PPA) ** Before minority interest and hybrid capital interest

More information on the 3rd quarter result is available on our website www.voestalpine.com or contact our Investor Relations Team +43/50304-15-9949.

end of announcement euro adhoc

issuer: voestalpine AG voestalpine-Straße 1 A-4020 Linz phone: +43 50304/15-9949 FAX: +43 50304/55-5581 mail: InvestorRelations@voestalpine.co WWW: www.voestalpine.com sector: Metal Goods & Engineering ISIN: AT0000937503 indexes: WBI, ATX Prime, ATX

stockmarkets: official market: Wien
language: English

Digitale Pressemappe: http://www.ots.at/pressemappe/2054

Rückfragen & Kontakt:

DI Peter Fleischer
Head of Investor Relations
Tel.: +43/50304/15-9949
Fax: +43/50304/55-5581
peter.fleischer@voestalpine.com
http://www.voestalpine.com

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